Re/Max listed as top real estate franchisor
Last Updated: 14:55 January 10, 2014
The 35thh edition of the list appears in the January edition of Entrepreneur. This marks the 11th time in the past 15 years that Re/Max tops the real estate category.
Overall, Re/Max was listed as the 76th-best franchise opportunity in the country. Anytime Fitness, Hampton Hotels and Subway held the top three spots.
Entrepreneur's survey judges franchisors on financial strength, stability, growth rate, size of the system, and startup costs, among other things.
"It's truly an honor for Re/Max to be recognized as the highest ranking real estate organization in this year's Franchise 500 survey," Re/Max chief executive Margaret Kelly said in a press release.
Area Re/Max franchises include Re/Max of Boulder; Re/Max Alliance in Boulder, Louisville, Longmont and Nederland; Re/Max Traditions in Longmont; and Re/Max Vista in Erie.
Re/Max has more than 90,000 agents operating in more than 90 countries. The company added 454 franchises worldwide during the first three quarters of 2013, including 166 in the United States.
Re/Max raised $220 million in an initial public offering in October. Shares sold for $22 for sale in the IPO. By late afternoon Friday, they were trading for $30.91.
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